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HUFV A — Hufvudstaden AB News Story

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Brief: Hufvudstaden 9-month Net Income At SEK 527 Million

Nov 6 (Reuters) - Hufvudstaden AB HUFVa.ST:

HUFVUDSTADEN 9M NET INCOME SEK 527 MILLION

WE ARE SEEING POSITIVE SIGNS IN RENTAL MARKET.

DEMAND REMAINS FOR OFFICE AND RETAIL PREMISES IN PRIME LOCATIONS

FOR FIRST THREE QUARTERS OF YEAR, WE REPORTED A 6 PER CENT INCREASE IN GROSS PROFIT

UNREALISED CHANGES IN VALUE OF INVESTMENT PROPERTIES AMOUNTED TO SEK -242 MILLION(-1,094) FOR 9 MONTHS

RETAIL SECTOR IS STILL MARKED BY SOME DEGREE OF CAUTION, BUT THERE ARE CLEAR SIGNALS OF A GRADUAL RECOVERY

9-MONTH GROSS PROFIT INCREASED BY 6 PER CENT, TOTALLING SEK 1,214 MILLION (1,141).

Source text: ID:nWkrbcl0Wp

Further company coverage: [HUFVa.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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